Colombia is pushing hard to take control of Monmeros, the Venezuelan-owned fertilizer company at the center of its agricultural supply chain.The Barranquilla-based plant provides nearly a third of the nations fertilizers, making it essential for farmers and the stable prices of food across the country.The Colombian government wants to buy Monmeros to guarantee local production and protect food costs.
But doing so is complicated by U.S.
sanctions on Venezuela, which threaten to block or delay any deal.Official sources confirm that without a special permit from the U.S., Monmeros may soon become unable to import raw materials or operate internationallyputting Colombias entire fertilizer supply at risk.Washingtons restrictions, set in response to Venezuelas government, have trapped Monmeros in a political tug-of-war.
Now, Colombian officials warn that a failure to secure the company could mean as much as a 50% spike in fertilizer prices for local farmers.Colombia Races to Secure Fertilizer Supply as U.S.
Watches Venezuelan Deal.
(Photo Internet reproduction)That would raise food costs for millions of Colombian families, especially if Monmeros falls into private or foreign hands.
To keep prices stable, Colombia proposes bringing Monmeros under the wing of state oil producer Ecopetrol.The aim is to shelter the company from both market shocks and outside influence, ensuring fertilizers remain accessible to farmers.
This fight isnt just about one factory.Its about whether Colombia can defend a key part of its economy from outside pressures, and how much ordinary people will pay if it cant.Every figure and claim comes from company data and official state sources, reflecting the true weight of this gamble for Colombias food security.
Music
Trailers
DailyVideos
India
Pakistan
Afghanistan
Bangladesh
Srilanka
Nepal
Thailand
Iraq
Iran
Russia
Brazil
StockMarket
Business
CryptoCurrency
Technology
Startup
Trending Videos
Coupons
Football
Search
Download App in Playstore
Download App
Best Collections